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but let's assume because the debt ceiling doesn't kick in till august, i believe that's what we'll have, but let's add these together. let's say you're right, 30 billion. but let's -- jobs overseas, we can dial that however we want because it's all -- a huge loss of revenue, corporate jets, tehre are all kind of things that are low-hanging fruit. >> you've heard the republicans across the board here. they're saying they're done with revenues for 2013. >> george, the american people are on our side. the american people don't believe in these austere things. we believe that the rich should contribute. we believe we should fill those tax loopholes, get rid of them, i should say, and that's where we need to go. >> but that's a debate that's been had, as you know, for the last couple of months, last couple of years and doesn't appear it will get solved next month so the sequester will hit. >> george, that's what they said two or three days before the fiscal cliff. no revenue. well, we got about $700 billion in revenue. there's still more we can do. >> are you saying that for -- to lift the s
but let's assume because the debt ceiling doesn't kick in till august, i believe that's what we'll have, but let's add these together. let's say you're right, 30 billion. but let's -- jobs overseas, we can dial that however we want because it's all -- a huge loss of revenue, corporate jets, tehre are all kind of things that are low-hanging fruit. >> you've heard the republicans across the board here. they're saying they're done with revenues for 2013. >> george, the american people...
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Feb 4, 2013
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then they decide not to fight on the debt ceiling and they need to move the attention on to something else. say they do have leverage elsewhere. so they have chosen sequester and put up a very brave face on it. it's possible they could convince themselves to let it actually happen but the idea that they get some sort of significant political gain from it, these are cuts they hated and they hated in large part because they hurt things they care about. so to permit the sequester to go forward on that kind of rationale is not a political win, not a policy win. everybody is losing. >> the "new york times" op-ed says more than a million jobs are on the line if this deal isn't made. a quote saying the losses will soon spread as contracts to states and cities are cut, education and police grants are cut, and payments to medicare providers are cut, even the aid just approved to victims of hurricane sandy will fall under the sequester's act. americans are about to find out what happens when an entire political party demands deficit reduction at all costs because those costs will be enormous. t
then they decide not to fight on the debt ceiling and they need to move the attention on to something else. say they do have leverage elsewhere. so they have chosen sequester and put up a very brave face on it. it's possible they could convince themselves to let it actually happen but the idea that they get some sort of significant political gain from it, these are cuts they hated and they hated in large part because they hurt things they care about. so to permit the sequester to go forward on...
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Feb 8, 2013
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. >> fiscal cliff, the debt ceiling, immigration he said there's room but, look, republicans need to get religion on this. do you expect a similar tone in the state of the union? >> he has a limited amount of time. they feel they have a so-called m mandate from their victory not losing the senate. i think it's kind of full speed ahead for the president right now. he's going to go as bold as he can go, limited amount of time. i think i disagree a little bit on the economy. i think it's a course correction for him. i feel he's maybe second-guessing, not talking about the economy during his inaugural speech, now maybe i should have talked about that. >> which is fascinating because if you look at the first term in a lot of ways, you know, he started off -- you had a republican party that was largely kind of in the doldrums and he started off with economic stimulus and health care which united the party in some way. is he -- is he smart to refocus on the economy, jim? >> yes. >> and probably the more important question, is there actually -- we had angus king on saying there's common grou
. >> fiscal cliff, the debt ceiling, immigration he said there's room but, look, republicans need to get religion on this. do you expect a similar tone in the state of the union? >> he has a limited amount of time. they feel they have a so-called m mandate from their victory not losing the senate. i think it's kind of full speed ahead for the president right now. he's going to go as bold as he can go, limited amount of time. i think i disagree a little bit on the economy. i think...
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Feb 3, 2013
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>> i like the metaphor claire mccaskill had when they raised the debt ceiling for three months. they are like death penalty appeals. every minute, every time they have a short term fix, people are brought to the brink again. the american people are brought to the brink again. i thought it was heartening to hear from harry reid he was interested in it's not just defense talks we are talking ant. there's $500 billion in domestic cuts. once people realize republicans want to hold the economy hostage over tax cuts for the rich and even the tiny amount of concession made before was not enough for them. they start to see the impact of the cuts. i think they may have to come to the table. >> really quick in terms of march 1st, are we going to punt and have this conversation in the summer or get something done and have this fixed once and for all? robert? >> it seems like based on history we are going to punt on this again. as i said before, republicans have done a good job of keeping the democrats and the white house in defense. if history is our guide, i'm not surprised if we kick the
>> i like the metaphor claire mccaskill had when they raised the debt ceiling for three months. they are like death penalty appeals. every minute, every time they have a short term fix, people are brought to the brink again. the american people are brought to the brink again. i thought it was heartening to hear from harry reid he was interested in it's not just defense talks we are talking ant. there's $500 billion in domestic cuts. once people realize republicans want to hold the economy...
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Feb 9, 2013
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you have debt ceiling coming up few months after that and congress is supposed to pass a budget in the next couple of months but obviously they have not done that. >> gregg: he has raised taxes not only on high income earners, he has raised taxes on everyone. the word is he is going to say, he needs more money, more tax revenues. how is that going to be received? >> i can tell you on capitol hill it has not been received very well. house republicans basically, many of them didn't vote for the package that included the tax hikes you are referring to, the one that was voted right after new year's eve. they say that is enough. they don't want to see any more offers that includes tax increases. consider they hold the house majority and they can hold to that the best they can. i doubt we would see a package to stave off a sequester anything comprehensive like that. the best we're going to see a kick the can down the road and stave off the cuts. >> gregg: do you think this president, in a way, try to persuade the nation, that 8% unemployment, 25 million americans, unemployed or under employm
you have debt ceiling coming up few months after that and congress is supposed to pass a budget in the next couple of months but obviously they have not done that. >> gregg: he has raised taxes not only on high income earners, he has raised taxes on everyone. the word is he is going to say, he needs more money, more tax revenues. how is that going to be received? >> i can tell you on capitol hill it has not been received very well. house republicans basically, many of them didn't...
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Feb 8, 2013
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. >> nobody is worried about this upcoming debate on sequestration, on the debt ceiling. you think that creates noise and disruption. >> i do, maria. i think that you've got a trifecta coming off, you've got the skywest raise and the debt ceiling and the eurozone so there's still a lot of volatility out there, so that's have we're cautiously optimistic. you need to be properly allocated in order to reap the rewards of the greatest capital machine in the world which is our united states stock market. >> thanks, everybody. appreciate your time. >> we'll see you soon in the final stretch of trading. we've got a market that's higher on the dow jones industrial average. >> remember, the dow needs to be up 66 points or there abouts to be positive. don't look now but suddenly apple is up past $475 a share and it's all because big investors have a beef with the board. we'll talk to one major investor who is on apple's side in this battle. >> look outside new york city and our cnbc headquarters. it is bad and it's getting worse. the big worry now, power outages. believe it or not,
. >> nobody is worried about this upcoming debate on sequestration, on the debt ceiling. you think that creates noise and disruption. >> i do, maria. i think that you've got a trifecta coming off, you've got the skywest raise and the debt ceiling and the eurozone so there's still a lot of volatility out there, so that's have we're cautiously optimistic. you need to be properly allocated in order to reap the rewards of the greatest capital machine in the world which is our united...
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it's probably because looking at debt ceiling in the future. it's much more about what the lineup is because of how the temp structure has set up. >> chris, i know you're expecting a good year for stocks, but do you think that we're going to have some selloffs around these issues in washington, sequestration, the budget cuts to come. are you going to be buying on the dip if that were to happen? >> yes, maria. in fact, i agree with amy on the u.s. markets. i think it's going to be a little bit of tough sledding specifically because of sequestration and because of the fact we're starting right at this moment at fairly high investor sentiment levels, and the interesting thing, really a question of time horizon, amy's time horizon is maybe a little bit shorter than how we invest, but the interesting thing is what we found in studying investor sentiment is even when it's at optimistic levels like it is right now, that tends to mute forward returns from say zero to a couple months ahead time frame. it's actually a good thing from a nine to 12-month g
it's probably because looking at debt ceiling in the future. it's much more about what the lineup is because of how the temp structure has set up. >> chris, i know you're expecting a good year for stocks, but do you think that we're going to have some selloffs around these issues in washington, sequestration, the budget cuts to come. are you going to be buying on the dip if that were to happen? >> yes, maria. in fact, i agree with amy on the u.s. markets. i think it's going to be a...
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ceiling, we'll talk about that stuff. but we'll talk about it from the perspective on how we're making sure someone works hard in this country. a cop, teacher, a construction worker, or a reception worker, they can make it if they work hard. their kids can make it and dream bigger dreams than they have achieved. obviously, a lot of what we'll be working on over the next few weeks is going to be on how do we deal with this sequester issue. i want to make this quick point. i had a press conference this week in which i reiterated that i'm prepared, eager, and anxious that ends this government by crisis that every two week or every two months or every six months we are threatening this hard recovery, are finally housing is picking up and real estate is doing better and unemployment numbers are still too high. we're seeing job growth and manufacturing is doing well and we continue to have these self- inflicted crisis here in washington where suddenly someone taps the brakes. what i said this week was i want to do something big
ceiling, we'll talk about that stuff. but we'll talk about it from the perspective on how we're making sure someone works hard in this country. a cop, teacher, a construction worker, or a reception worker, they can make it if they work hard. their kids can make it and dream bigger dreams than they have achieved. obviously, a lot of what we'll be working on over the next few weeks is going to be on how do we deal with this sequester issue. i want to make this quick point. i had a press...
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it's actually worked pretty good effect thus far on things like the fiscal cliff and debt ceiling. republicans will try to draw a line somewhere. i'm not sure why yet. >> they thought they could draw it on national security with chuck hagel, and we've seen in the last 48 hours the president picked up the phone and he cauldron widen. he hasn't called too many senators too often, even in his own party. he cauldron widen because they had a real obstacle, and he knew that his cia nominee, his close friend, someone he is really eager to have confirmed john brennan, was in trouble going to that hearing. now not so much trouble. >> not so much trouble. these hearings are always as much about the -- using the moment as a lever to dislodge things that congress wants as they are about the nominee himself. i don't think there were a lot of questions about john brennan's kwaul ficks for the job. if i might say to live township the transparency that's been happy to profess. can i go back to the state of the union? i want to add a little bit of a note of caution to all this presidential huffing
it's actually worked pretty good effect thus far on things like the fiscal cliff and debt ceiling. republicans will try to draw a line somewhere. i'm not sure why yet. >> they thought they could draw it on national security with chuck hagel, and we've seen in the last 48 hours the president picked up the phone and he cauldron widen. he hasn't called too many senators too often, even in his own party. he cauldron widen because they had a real obstacle, and he knew that his cia nominee, his...
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the last time the debt ceiling fight, president obama got what he wanted by refusing to negotiate. now the top republican up here on capitol hill john boehner is taking the hard line and letting the president know it. president obama was rallying democrats for the battle over defrs cuts when house republicans sent him a message. the symbolic vote he detail how he would cut the deficit to avoid the automatic spending cuts next month. >> mr. president, you missed the deadline again. let's see your plan. let's show it to the american people and have the discussion about the proper way to manage down this debt and deficit. >> reporter: without a budget deal on march 1st so-called sequestration will force reductions in military training, cutbacks in operations, and layoffs of civilian pentagon employees plus civilian defense contractors. >> it's an idiotic management nightmare to try to run a complex sophisticated, long-term program when you have short-term, massive cuts. >> reporter: deep cuts also loom in social services. outgoing defense secretary panetta slammed democrats and republ
the last time the debt ceiling fight, president obama got what he wanted by refusing to negotiate. now the top republican up here on capitol hill john boehner is taking the hard line and letting the president know it. president obama was rallying democrats for the battle over defrs cuts when house republicans sent him a message. the symbolic vote he detail how he would cut the deficit to avoid the automatic spending cuts next month. >> mr. president, you missed the deadline again. let's...
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ceiling, but we need to apply it to the broader budget and appropriations process. >> and the thing is, it's just -- democrats haven't produced a budget in the senate. they haven't voted for any of the president's own budget. there's the full screen now. >> you were in congress. budget sets policy, right? you don't have a budget, you don't have policy. >> that's what i don't understand because you get there in january. you get sworn in. and you know what the first four months are? battles over what's going to be in the budget. because you know when that budget falls in april, that's going to define who you are as a party, who you are as a congress, and who i am as an individual member whether i vote for that budget or vote against that budget. the fact that harry reid's senate and that harry reid himself has gotten in the way of a former really good budget chairman not passing a budget is shameful. and now you have the president saying, well, i'm against the sequester cuts. well, okay, great. what are you going to replace them with? i don't know. no specifics. they never give specif
ceiling, but we need to apply it to the broader budget and appropriations process. >> and the thing is, it's just -- democrats haven't produced a budget in the senate. they haven't voted for any of the president's own budget. there's the full screen now. >> you were in congress. budget sets policy, right? you don't have a budget, you don't have policy. >> that's what i don't understand because you get there in january. you get sworn in. and you know what the first four months...
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so they've passed a law to temporarily not enforce that debt ceiling until may. so two big deadlines. march 1 and may 18. >> we do a lot of kicking the can. but almost always they come to a resolution in the 11th hour, like karen said. and there is some encouraging news, 157,000 new hires in january is not what they were expecting. so there some encouraging news out there. we don't have to panic. but we do need to get our pocketbooks in check. and our government has a hard time doing that. >> just because the dow is over 14,000, that's a great sign. people forget those days, 6,500 when we were at the worst of the crisis, so to be over 14,000 right now is a big deal. so we'll see what's next. >> right. let's get this going. >>> federal prosecutors are going after the huge ratings agency standards and poors with connection to the mortgage meltdown. the justice department claims that s&p kept giving top ratings to investments it's own analysts warned were two risky. >> while big bankers and lenders built mortgaged backed bombs, it was s&p's faulty ratings that deton
so they've passed a law to temporarily not enforce that debt ceiling until may. so two big deadlines. march 1 and may 18. >> we do a lot of kicking the can. but almost always they come to a resolution in the 11th hour, like karen said. and there is some encouraging news, 157,000 new hires in january is not what they were expecting. so there some encouraging news out there. we don't have to panic. but we do need to get our pocketbooks in check. and our government has a hard time doing...
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he voted against the debt ceiling deal. he is a fiscal conservative. at the same time, on an issue like immigration, because the personal becomes political in his case. he is looking at what is best for america in terms of bringing these folks, many of whom didn't come here, you know, on their own steam, came here as young children. these people are americans just the way his family was. i mean, turns out that his grandfather was an undocumented immigrant. and because of special legislation that we have regarding cubans, the 1966 cuban refugee law, you know, he was allowed to become a citizen. so he is the beneficiary of this. he knows that we, of course, are a nation of immigrants. i think it will move him more towards the middle and move him as a person who can reconcile left and right. >> speak offing of immigrants, what is the back story -- i know there was cloudiness early on about his story about his family, about his upbringing. what have you cleared up there? >> well, michael grunwald wrote our story, and he cites this biography of came out on
he voted against the debt ceiling deal. he is a fiscal conservative. at the same time, on an issue like immigration, because the personal becomes political in his case. he is looking at what is best for america in terms of bringing these folks, many of whom didn't come here, you know, on their own steam, came here as young children. these people are americans just the way his family was. i mean, turns out that his grandfather was an undocumented immigrant. and because of special legislation...
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. >> at minimum we've got to raise the debt ceiling. so, that's the bare minimum that has to be achieved. >> here is what john boehner and the republicans in the house were demanding. >> the house cannot pass a bill that raises taxes on job creators. the house could only pass a debt limit bill that includes spending cuts larger than the hike in the debt limit as well as real restraints on future spending. >> and here is what john boehner said when the final bill was si signed into law with the dreaded sequester. >> when you look at this final agreement that we came to with the white house, i got 98% of what i wanted. i'm pretty happy. >> to his credit, that's how republicans lindsey graham remembers it as well. >> as john will say it with straight talk, we have our fingerprints as republicans on this proposal, on this sequestration idea. it was the president's idea, according to bob woodward's book, but we as the republican party gagreed to it. we got in this mess together and we're going to have to get out together. >> joining me now a
. >> at minimum we've got to raise the debt ceiling. so, that's the bare minimum that has to be achieved. >> here is what john boehner and the republicans in the house were demanding. >> the house cannot pass a bill that raises taxes on job creators. the house could only pass a debt limit bill that includes spending cuts larger than the hike in the debt limit as well as real restraints on future spending. >> and here is what john boehner said when the final bill was si...
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that was an exchange for republicans agreeing to raise the debt ceiling. and january 1st, the fiscal cliff deal, decided to push it off for 60 days and now here we are. under the terms of the earlier budget deals, now must find $85 billion somewhere by march 1st otherwise pentagon spending will shrink. and medicare will take a 2% reduction. the president and democrats prefer an option that raises more money by closing tax loopholes. republicans want to stick with spending cuts saying they've already agreed to tax hikes. 448,000 jobs in dc, maryland and virginia could be affected. concerned about the impact on our economy. >> sequestration will hurt not only the defense side but the nondefense side. my committee funds the fbi. there will probably be furloughs at the fbi and the national cancer institute, nih. defense and nondefense. >> that hurts the broader economy. people are concerned about their jobs and don't know the impact on their bank accounts. that holds them from spending on movies and restaurants and theaters. thinks he has time to buy a little
that was an exchange for republicans agreeing to raise the debt ceiling. and january 1st, the fiscal cliff deal, decided to push it off for 60 days and now here we are. under the terms of the earlier budget deals, now must find $85 billion somewhere by march 1st otherwise pentagon spending will shrink. and medicare will take a 2% reduction. the president and democrats prefer an option that raises more money by closing tax loopholes. republicans want to stick with spending cuts saying they've...
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Feb 7, 2013
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we've worked through the debt ceiling pretty well, but when it comes to the sequester i think you've got a real problem here. the republicans might have leverage. obama doesn't seem to be ready to deal with that, and i don't know if the market is
we've worked through the debt ceiling pretty well, but when it comes to the sequester i think you've got a real problem here. the republicans might have leverage. obama doesn't seem to be ready to deal with that, and i don't know if the market is
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. >> well, the president just signed the bill that raises the debt ceiling. so in an age where these fiscal fights are, they're the same, they're ongoing, they can be insecendiary incendiary, we're always talking about a government shutdown of one kind or another, where does this leave us? >> it leaves us with a bunch of people who just fought the first fight, and the senate democrats are going to annapolis today and tomorrow to try to figure out, how do we move forward? how do we move forward with a budget? how do we move forward on funding the government? both of those things need to be done by april 15th. >> because they have taken some hits. and do they really want to give republicans anymore ammunition? >> that's why they've said, we're going to do a budget. and they were happy to sign the increase, meant they had a deadline of april 15th, where they don't get paid, and they have to get a budget done. >> always a good incentive there. >> so democrats understand that they need that, but this is going to be a partisan document by and large, saying, here's
. >> well, the president just signed the bill that raises the debt ceiling. so in an age where these fiscal fights are, they're the same, they're ongoing, they can be insecendiary incendiary, we're always talking about a government shutdown of one kind or another, where does this leave us? >> it leaves us with a bunch of people who just fought the first fight, and the senate democrats are going to annapolis today and tomorrow to try to figure out, how do we move forward? how do we...
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the measure will suspend the $16.4 trillion debt ceiling until the middle of may. the bill also requires members of the house and senate to pass a budget by mid-april or risk having their own pay withheld. >>> the dow's bounce above 14,000 didn't last long. worry about europe dragged the market down yesterday, the biggest losses of the year. the dow was down 129. the nasdaq lost 48. in the previous session, the dow had hit its highest level in years. >>> the u.s. government plans to file a civil lawsuit against the ratings agency standard & poor's. the suit accuses the firm of giving high ratings to risky mortgage bond and led to the 2008 financial crisis. s&p says the suit is without merit. >>> medical marijuana has been legal in california since 1996. but now some cities are banning the dispensaries. a ruling will soon determine how far state law can go to protect their right to do business. the state supreme court will hear arguments today on whether local governments can ban them. right now about 200 cities and counties ban medical marijuana dispensaries, three
the measure will suspend the $16.4 trillion debt ceiling until the middle of may. the bill also requires members of the house and senate to pass a budget by mid-april or risk having their own pay withheld. >>> the dow's bounce above 14,000 didn't last long. worry about europe dragged the market down yesterday, the biggest losses of the year. the dow was down 129. the nasdaq lost 48. in the previous session, the dow had hit its highest level in years. >>> the u.s. government...
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host: some are not strategy as far as moving the debt ceiling ahead. guest: if they had gone ahead with it, it would have been politically cataclysmic. it was the worst percival -- worst possible ground to make their point. president obama 1. i think it's absolutely crucial for the future of the country that you cannot govern from the house. some house republicans, i am sympathetic to their concerns. their enthusiasm try to get in the battle is misplaced. you would have had high-stakes confrontation. in the end, you would have had republicans peeling off. but you would have been, at the beginning, bumping your chest, making all of these demands, saying we're not going to back down. at the end they would cave damn it would have gotten the worst of all possible worlds. there's a lot of frustration in the republican caucus that john boehner has to deal with. i think he did a pretty good job. host: peter wehner, senior fellow at the ethics and the policy center. if you want to find out more about his organization and his writing, visit their web site. comi
host: some are not strategy as far as moving the debt ceiling ahead. guest: if they had gone ahead with it, it would have been politically cataclysmic. it was the worst percival -- worst possible ground to make their point. president obama 1. i think it's absolutely crucial for the future of the country that you cannot govern from the house. some house republicans, i am sympathetic to their concerns. their enthusiasm try to get in the battle is misplaced. you would have had high-stakes...
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it seems like john boehner did it on -- he did it on the debt ceiling. he did it on sandy aid. could it be -- could his days be numbered? >> after the fiscal cliff. he promised he wouldn't do it again. he told his members. he has said that he won't do it again, but there's going to be pressure on a ton of issues, and, you know, for him it's going to be a personal decision. in some ways that's how it's framed in washington whether it comes down to whether or not there will be a continuation of the hastert rule. it's about speakership. >> in terms of let's say it's a rosier picture than we thought it would be on gun safety laws. i guess how much of that rosyness carries through on immigration. it could really go either way, i think. there is still a debate over the path to sit sflenship. >> as well as on immigration frankly. i'm not down there counting votes, and howard might be -- you put a number 30, 40 house republicans that would be for some sort of gun control. on immigration it almost seems like the numbers are closer to 100. especially in some of the conservative districts
it seems like john boehner did it on -- he did it on the debt ceiling. he did it on sandy aid. could it be -- could his days be numbered? >> after the fiscal cliff. he promised he wouldn't do it again. he told his members. he has said that he won't do it again, but there's going to be pressure on a ton of issues, and, you know, for him it's going to be a personal decision. in some ways that's how it's framed in washington whether it comes down to whether or not there will be a...
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we did not go over the fiscal cliff and we did not hit the debt ceiling. evidence is piling up. >> that's true. here is the thing that struck me about hagel hearings, it seemed at times that chuck hagel was surprised that these people were not happy with him. it's as if he did not read a newspaper in month. >> his response to the surge question. mccain is the biggest supporter of the surge, he led it. chuck hagel disagreed and mccain seems to be right. and hagel looked surprised by the question. in defense of molly's story and washington is getting better. that was not about dysfunction of washington, the two of them just do not like each other. that has nothing to do do with the broader things washington. the issue matrix is changing a bit. what we with saw in 2009 and 2010, when health care and economy were on the table, those are where the parties are fundamentally divided. that is going to be true. but the immigration, there's not the same divide with them. so it's not a polarizing issue with john kerry. part of the reason we are seeing less dysfunctio
we did not go over the fiscal cliff and we did not hit the debt ceiling. evidence is piling up. >> that's true. here is the thing that struck me about hagel hearings, it seemed at times that chuck hagel was surprised that these people were not happy with him. it's as if he did not read a newspaper in month. >> his response to the surge question. mccain is the biggest supporter of the surge, he led it. chuck hagel disagreed and mccain seems to be right. and hagel looked surprised by...
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the debt is going through ceiling again, and they are not doing anything about it except talking, for 30 years it has gone higher and higher. lou: business holding 3 trillion-dollars, american business offshore, if you will, but on their books, and ready to investment if only they had clarity if only they had a clear vision, and there was not so much regulations and taxes were so high. have you seen a time when merge business leaders -- american business leaders were so weak? >> wait a minute, would you bring country back in the country with what is going on in washington? wouldn't you want to keep it abroad. lou: why do they keep supporting people who enable this weakness, do you remember when business leaders stood up and represented themselves instead of going to the you know, the -- what chamber of commerce. >> if they are supporting these clowns issue these people in washington who are doing this thing. they are reprehensible. lou: just weak-kneed, we need people with spines, and vision, jim rodgers, this is the book, buy it it is "the industr "stre" thank you. >> join us here to
the debt is going through ceiling again, and they are not doing anything about it except talking, for 30 years it has gone higher and higher. lou: business holding 3 trillion-dollars, american business offshore, if you will, but on their books, and ready to investment if only they had clarity if only they had a clear vision, and there was not so much regulations and taxes were so high. have you seen a time when merge business leaders -- american business leaders were so weak? >> wait a...
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Feb 7, 2013
02/13
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FOXNEWS
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they have card to play they didn't have to play in the debt ceiling. martha: how do you expect that to play out? do you think they can hold the line on it and get significant spending cuts that a lot of folks in this country wanted to see first time around? >> republicans have become good at caving. i think some part of sequestration will go through. but using aircraft carriers against the republicans. they will fold. rick: we are three weeks away from what could be painful budget cuts. they kick in automatically march 1. we'll tell you what americans find so taxing about the president's plan to fix the mess. martha: get ready for a blizzard. a winter storm historic proportions we are being told. >> now is the time before the storm hits. get your shovels ready. sand, fill your gas tanks in your cars. make sure you have enough heating fuel. you know, for at least a week. sometimes life can be well, a little uncomfortable. but when it's hard or hurts to go to the bathroom, there's dulcolax stool softener. dulcolax stool softener doesn't make you go, it j
they have card to play they didn't have to play in the debt ceiling. martha: how do you expect that to play out? do you think they can hold the line on it and get significant spending cuts that a lot of folks in this country wanted to see first time around? >> republicans have become good at caving. i think some part of sequestration will go through. but using aircraft carriers against the republicans. they will fold. rick: we are three weeks away from what could be painful budget cuts....
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Feb 1, 2013
02/13
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. >> with the fiscal cliff and debt ceiling and trying to get bipartisan, but over here is something called poverty, 50 million americans and racial disparity and cities collapsing and the like. i'm going to make the case we should build america an urban infrastructural bank for the purpose of long-term loans. we do it in europe and japan. and no other country charges people to repatriate their money once they pay taxes in that country. but we do. but if we, in fact, took a portion of that money, part for research and development and part of it for an institutional bank, you could do what banks are not doing, and that's invest in these downtrodden areas of our country. >> gillian, we've been talking about it for years, trillions of dollars sitting on the sidelines not coming back to america. how do we get it back here? >> almost $2 trillion. you've got average household earnings down over the past four years, poverty is up. we need this money working in our economy. how do we get it here? >> absolutely. i think the reverend's idea is very interesting because right now many of the com
. >> with the fiscal cliff and debt ceiling and trying to get bipartisan, but over here is something called poverty, 50 million americans and racial disparity and cities collapsing and the like. i'm going to make the case we should build america an urban infrastructural bank for the purpose of long-term loans. we do it in europe and japan. and no other country charges people to repatriate their money once they pay taxes in that country. but we do. but if we, in fact, took a portion of...
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Feb 8, 2013
02/13
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MSNBCW
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i mean, the sequester, the debt ceiling, fiscal cliff, all these things are not so much real problems as they are manufactured partisan problems. but underneath them, you have this real problem which is basically the republicans won the debate on taxes, and the democrats have won the debate on the safety net. and as a result, that's sort of the deficit that we have. and the question is how can we solve it? and history suggests economic growth is the best way, but this deficit is also big enough in the long term that it's probably not going to be enough. and we need some combination of spending cuts and tax increases as well. >> yeah, how do we make that happen, sam? >> i was going to say, part of the problem is the tax revenue problem, which is that you don't have enough people making good incomes, paying good taxes, which is used to fund the social safety net that we value very highly. but it's also a health spending problem in that we spend a of d a lot of that's end of life health as well. one of the curious things about the health care debate when we're through, there's a huge bac
i mean, the sequester, the debt ceiling, fiscal cliff, all these things are not so much real problems as they are manufactured partisan problems. but underneath them, you have this real problem which is basically the republicans won the debate on taxes, and the democrats have won the debate on the safety net. and as a result, that's sort of the deficit that we have. and the question is how can we solve it? and history suggests economic growth is the best way, but this deficit is also big enough...
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Feb 2, 2013
02/13
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CSPAN
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s own fight over the debt ceiling. and then we were set to take off, all of a sudden we saw a big tumble in the stock markets and we saw job growth go back down again. i believe in august 2011 the initial report was zero net jobs. now they eventually revised that up to 100,000, but still an amemic growth rate. host: we continue our conversation regarding the 157,000 jobs added in january in the unemployment rate back now at 7.9% with patrick rice of politico. donald from statesville, north carolina is our next caller. donald is on our line for republicans. caller: hey, how you doing. i'm calling from statesville, north carolina, and we got some bad news here. freight liner who was in cleveland, north carolina, is going to lay off 750 employees. trim systems that supported them, they're closing their plant, 65 employees down to two. but here's my question, you know. when they do these job numbers, lowe's down here is going to hire 45,000 part time workers. does that count in the job numbers? or those are not even includ
s own fight over the debt ceiling. and then we were set to take off, all of a sudden we saw a big tumble in the stock markets and we saw job growth go back down again. i believe in august 2011 the initial report was zero net jobs. now they eventually revised that up to 100,000, but still an amemic growth rate. host: we continue our conversation regarding the 157,000 jobs added in january in the unemployment rate back now at 7.9% with patrick rice of politico. donald from statesville, north...
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Feb 4, 2013
02/13
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CURRENT
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it is an interesting piece about this fearmongering and screaming we did debt ceiling hostage crisis and all of that stuff. anyway, so not to discount your fear that we're going to be overtaken. >> well, yeah. that's paranormal. >> stephanie: we'll talk about this and much more as we continue. 19 minutes after the hour. it is "the stephanie miller show." >> announcer: funny how. funny like she's a clown. like she's here to amuse you. it's the "the stephanie miller show." he was a comedy genious. addicted to the spotlight and living too close to the edge. of all the hours in all his days, these are the ones you'll never forget. ♪ bad, bad ♪ >> stephanie miller. ♪ baddest girl ♪ ♪ in the whole damn town ♪ ♪ badder than king kong ♪ ♪ meaner than a junkyard dog ♪ >> stephanie: it is "the stephanie miller show." welcome to it. 24 minutes after the hour. 1-800-steph-12 the phone number toll free from anywhere. jake with the president carney. >> we created 2.2 million now with the revisions jobs in 2012. that means that we have been moving in the right direction when it
it is an interesting piece about this fearmongering and screaming we did debt ceiling hostage crisis and all of that stuff. anyway, so not to discount your fear that we're going to be overtaken. >> well, yeah. that's paranormal. >> stephanie: we'll talk about this and much more as we continue. 19 minutes after the hour. it is "the stephanie miller show." >> announcer: funny how. funny like she's a clown. like she's here to amuse you. it's the "the stephanie...
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Feb 8, 2013
02/13
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CURRENT
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just quickly, he refused -- voted against raising the debt ceiling. he co-sponsored the old balanced budget amendment, which is a total shuck and jive. he signed the grover norquist finds. he backed florida's voter purge back to rick so -- backed rick scott in trying to get all of those people, a lot of them racial minorities off of the ballot in florida. he opposed federal action to heavy prevent violence against women act, extension of it t he believes employers should be able to deny birth control to their employees. he made some robo calls for an anti-hate group opposing same-sex marriage, marriage equality. and he doesn't believe in climate change. in fact, this week at the interview that he gave with buzzfeed's ben smith -- remember ben smith was in studio with us a couple of days talking about that interview, marco rubio said, on climate change he just thinks it's too expensive. >> number one, even if anything we would do on that would have a real impact on our economy, but probably if it's only us doing it, a very negligible impact on the envi
just quickly, he refused -- voted against raising the debt ceiling. he co-sponsored the old balanced budget amendment, which is a total shuck and jive. he signed the grover norquist finds. he backed florida's voter purge back to rick so -- backed rick scott in trying to get all of those people, a lot of them racial minorities off of the ballot in florida. he opposed federal action to heavy prevent violence against women act, extension of it t he believes employers should be able to deny birth...
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Feb 9, 2013
02/13
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MSNBCW
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ceiling and fiscal cliff. he is still right in there with more of the highbound tea-party issues. whether it's rand paul or paul ryan for 2016 and i know people want to throw up when they start thinking about 2016 already, but there's a new generation of republican leaders that are jockeying for position and he is a moderate on certain issues. >> i want to put up your magazine cover, and i want to put up your international cover as well. this is -- this is the international cover here. marco rub yo and the next america. no savior mention here. >> we chose that cover line, because, yeah, the switching that is going on right now. we did not think that marco rubio was a internationally famous figure, the way that he is a nationally famous figure. and we wanted to highlight the long-term demographic trends that is taking place in the america. where it's more multi-culture society. one more finally tuned to immigration. that is something that "time" can do as a global brand. >> we will go with that explanation. >>
ceiling and fiscal cliff. he is still right in there with more of the highbound tea-party issues. whether it's rand paul or paul ryan for 2016 and i know people want to throw up when they start thinking about 2016 already, but there's a new generation of republican leaders that are jockeying for position and he is a moderate on certain issues. >> i want to put up your magazine cover, and i want to put up your international cover as well. this is -- this is the international cover here....